Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 August 2013

Reliance

Today, 870 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 880. Trade short below 870 for a target of 825.

SBI

Today, 1640 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1640 is crucial for short term. Positional Traders, trade long above 1640 for a target of 1670. Trade short below 1640 for a target of 1500.

Axis Bank

Today, 1170 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1170 is crucial for short term. Positional Traders, trade long above 1170 for a target of 1200. Trade short below 1170 for a target of 1100.

Icici Bank

Today, 915 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 925. Trade short below 915 for a target of 885.

Tata Steel

Today, 245 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 245 is crucial for short term. Positional Traders, trade long above 245 for a target of 255. Trade short below 245 for a target of 230.